The annual rate of inflation for the month of September 2023 has increased to 12% from 10.8% recorded last month.
Mr. Musepa said Lusaka province recorded the highest inflation at 3.9 percentage points followed by Copperbelt and Central provinces at 2.2 percentage points while North-Western province recorded the lowest at 0.4 percent.
Meanwhile, Mr. Musepa has disclosed that the Gross Domestic Product-GDP- for the second quarter of 2023 grew by 5 percent from 5.9 percent in the same period last year.
He has attributed this development to the positive contribution of the Information and Communication Technology-ICT, Education, Transport, Finance and Insurance sectors among
